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cost implication vs costing

Both "cost implication" and "costing" are correct, but they are different terms. "Cost implication" refers to potential consequences or effects on costs, while "costing" is the process of estimating or calculating costs.

Explained by Vince
Editor at TextRanch

Last updated: July 25, 2024 • 48352 views

cost implication

This phrase is correct and commonly used in English.

It refers to the potential consequences or effects on costs. For example, 'The decision to expand the project has significant cost implications.'

Examples:

The cost implication of using a new supplier needs to be carefully considered.
There are serious cost implications associated with delaying the construction project.
We need to analyze the cost implications of implementing the new software system.
The cost implications of the proposed changes are still unclear.
The report outlines the cost implications of the company's expansion plans.

Show examples from the web [+]
Last updated: October 26, 2024

Jun 16, 2023 ... Cost implication of moving away from Cloudfront to direct ALB · 25 new connections per second. · 3,000 active connections per minute. · 1 GB per ...
Patient-reported outcome and cost implication of acute salvage of infected implant-based breast reconstruction with negative pressure wound therapy with ...
Life cycle assessment and life cycle cost implication of residential buildings—A review. Author links open overlay panel. Hamidul Islam , Margaret Jollands
The cost implication of primary prevention in the HOPE 3 trial. Eur Heart J Qual Care Clin Outcomes. 2019 Jul 1;5(3):266-271. doi: 10.1093/ehjqcco/qcz001.
Cost Implication of Implementing External Facade Systems for Commercial Buildings. by. Vivian W. Y. Tam. Vivian W. Y. Tam. SciProfiles Scilit Preprints.org ...
Apr 28, 2022 ... The term cost implication means the actual cost that something will entail. For instance, if a person wants to decide how much having a child will cost.
THE COST IMPLICATION OF A CARE PATHWAY USING BIODEGRADABLE PANCREATIC STENTS VERSUS CONVENTIONAL PLASTIC STENTS IN THE PREVENTION OF POST-ERCP PANCREATITIS.
The cost implication of primary prevention in the HOPE 3 trial. Andre Lamy ,. Andre Lamy. Population Health Research Institute, DBCVSRI, 20 Copeland Avenue ...
May 5, 2022 ... The Cost Implication of Trastuzumab in Patients With HER2-Positive Breast Cancer at Moi Teaching and Referal Hospital, Eldoret, Kenya · PURPOSE.

Alternatives:

financial impact
cost consequences
cost effects
cost ramifications
cost repercussions

costing

This phrase is correct and commonly used in English.

It refers to the process of estimating or calculating costs. For example, 'The team is currently costing the new product line.'

Examples:

We are in the process of costing the new project.
The accountant is responsible for costing the company's products.
Costing the renovation of the building will require detailed analysis.
The software helps in accurately costing the manufacturing process.
The company is considering outsourcing the costing of their services.

Show examples from the web [+]
Last updated: October 26, 2024

Nov 16, 2017 ... So I'm trying to figure out what the costing workbench is doing. I did our first cost roll up ever the other day, looks like things are fine ...
Aug 25, 2023 ... The shitty consultants say what costing method do you want to use. The client says "oh we use average". Ok we'll use average. NO! The good ...
Oct 10, 2022 ... cost elements check box checked/unchecked, Pull as assembly checkbox checked/unchecked yields different results. Understanding how the costing ...
This is the first costing-specific resource that bridges costing theory — what you should do — with practical, step by step guidance on what you can do ...
Mar 2, 2023 ... Hello All, We have been trying to utilise Group Average costing as a solution to the problem of non-standardized item pricing that we have ...
Aug 11, 2021 ... I know that Solidworks has a plug-in called as Solidworks Costing , which has been quite well known for its cost calculation capabilities. Is ...
Uniform Rail Costing System (URCS) · Three Phases of URCS · Origins of URCS · Uses of URCS · Recent Changes to URCS · URCS Programs and Documentation · URCS Data for ...
Jan 31, 2020 ... Costing the Three Transformative Results focuses on new research to estimate the costs associated the global effort led by UNFPA to: (a.
Training, guidance, and Job Costing Tools (JCT) for Cost Center Managers, Financial Analysts, and University HCM Fiscal Analysts.
Synonyms for COSTING: fetching, bringing, running, going (for), selling (for), demanding, totaling, totalling, asking, coming (to)

Alternatives:

cost estimation
cost calculation
pricing
budgeting
expense assessment

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